Fortissimo Capital has signed an agreement to acquire 100% ownership of Tuttnauer medical sterilization equipment company for $100 million. Fortissim is a private equity fund that, up to now, has raised four funds totaling $1 billion. It is managed by Yuval Cohen.
Tuttnauer, based in Beit Shemesh, is a global leader in sterilization equipment and systems for laboratories, hospitals, and medical clinics. Tuttnauer’s turnover is in the tens of millions of dollars. It markets its products worldwide through regular veteran distributors. It was founded by Zev Tuttnauer in 1950.
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